Foundry Row Moves Forward with Development
Owings Mills, Md. (December 2, 2013) — Greenberg Gibbons and Vanguard announced that on Tuesday the Baltimore County Circuit Court rejected the 2012 referendum challenges to the County’s Comprehensive Rezoning Maps. In a decision made from the bench, Judge Jan Alexander found the referendum petitions signed by citizens were legally deficient, as the petitions failed to include the required zoning maps. The Court accepted the argument that signors of the referendum petitions did not have enough information to know what they were signing without the maps. This ruling affirmed the Baltimore County Elections Board decision in February 2013.
Foundry Row, a $140 million, 50-acre development on Reisterstown Road in Owings Mills, was one of several dozen rezonings that could have been impacted by a potential referendum.
“We are pleased with the Circuit Court’s decision and we applaud the elected officials and community groups who remained strong in the face of the referendum challenge,” said Brian Gibbons, chairman and CEO of Greenberg Gibbons and Co-Developer of Foundry Row. “Foundry Row is on schedule and moving full steam ahead.”
Anchored by a Wegmans grocery store, Foundry Row will feature 365,000 square feet of retail space and include a national fitness anchor, sporting goods anchor, upscale shops and restaurants, as well as 60,000 square feet of Class A office space. For more information, go to VisitFoundryRow.com.
“This is good news for Baltimore County,” said Baltimore County Councilwoman Vicki Almond. “We are ready to put the petition behind us and focus on the wonderful future that lies ahead for Owings Mills and the County.”
“We feel vindicated,” added Cheryl Aaron of the Greater Greenspring Association. “We knew the petition drive was fabricated from the beginning and in no way represented the will of the community and Baltimore County residents.”
The construction phase of Foundry Row will support 2,300 full- and part- time jobs in Baltimore County and $264 million in sales of goods and services from county businesses. Once complete, Foundry Row will permanently support nearly 3,100 jobs. Annual fiscal benefits from the completed Foundry Row for Baltimore County are estimated at $4.8 million. The state of Maryland is expected to receive $8.2 million annually in tax receipts as a result of the project’s operations at full build-out.